Would further weakening the pension terms for young people help?
I saw at a headline level that Orpo had mentioned the state of public finances is so dire that pensions cannot be kept outside of the adjustment measures. I wondered quietly to myself how Orpo dares to take the bull by the horns, given that retirees are such active and aggressive voters and elections are approaching ![]()
But the truth was revealed there, regarding what was actually being discussed:
https://www.verkkouutiset.fi/a/harva-on-maksanut-elakkeensa-nain-rahat-oikeasti-kiertavat/#67e101d4
The National Coalition Party (Kokoomus) is competing for the same retiree votes as the SDP ![]()
The âDonât touch these!â group has an average pension of âŹ1,600 gross. Thatâs âŹ1,400/month net. Should these age groups be taken straight behind the sauna, or should their children/grandchildren step up to support them?
After all, they have also supported and raised you into abundance and into being the happiest nation in the world ![]()
Where are those figures from? The average total pension last year (excl. part-time) was âŹ2,138 gross.
The median pension seems to be âŹ1,886/month; there are certainly plenty of people at the lower end of the spectrum with very small pension incomes. Those truly large pensions pull up the average.
Yle has reported the following:
Towards the end of the article, there is a âpension pyramidâ where the base is quite wide. My own parents were born in the 1930s. I am already retired myself, and my own gross pension is more than 3.5 times that of my parentsâ pensions. My deepest thanks to both of them, as they were able to educate me to make that possible.
Many boomers went through hell and laid the foundation for the relatively prosperous modern Finland we have today. Both my father and mother were the first in their families to graduate from high school, and both earned university degrees by self-funding their studies through work. Both of their mothers were cleaners, and they experienced acute poverty during their childhoods. It is difficult for me to view that generation as free-riders, considering what they had to endure, regardless of what the pension mathematics might say.
Regarding these matters, one issue is the guarantee pension (takuuelÀke), or whatever they are called, which a person starts receiving after living in the country for a few years. This pension is very close to the same level as the smallest pensions earned after a full working career. On top of that, one can still get housing allowance and other benefits. This, if anything, is what is not on a sustainable footing.
We either have a different understanding of who boomers are, or I donât understand at all what âhellâ you are referring to.
The previous generation, who fought in the wars and rebuilt Finland, may indeed have experienced hell. Some boomers certainly grew up in very modest conditions, but they have lived through a time of quite strong growth and comprehensive social security. Psychologically, it has been a fairly easy time, as things have constantly moved in a better direction.
Yep, and that is exactly why there should be room to cut those large pensions in this economic climate. Not so much the smallest ones.
Just as a quick observation. When discussing pension cuts, pension caps, and median pensions, one must remember that the system distinguishes between different sectors.
Out of the 290.1 billion (2025) in pension assets, 184.7 billion belongs to the private sectors. The rest consists of public sector assets. Additionally, the public sectors, as well as private sector entrepreneurs, seafarers, and especially farmers (proportionally), benefit from contributions paid by the state.
Source: Rahavirrat



